Have you found yourself starting to ponder the answer to this question? Selling your home is a big decision, no doubt. It’s a decision that deserves proper research, preparation, and especially patience. However, if you over-analyze the situation you may find yourself waiting around on the ‘perfect time’ that may never come. If you find yourself seriously considering selling your home, make sure and cover these key bases before making your final decision.
Do Your Homework
If you are thinking about putting your home on the market, there is some necessary ‘homework’ to be done. For starters, it is always smart to do some research on homes that are for sale, and that have sold within a set radius from your home – the radius depending on whether you live in a rural or urban area. Research homes which are similar to your own, in regards to size, age, and amenities. This step will help you to think realistically about your decision to sell your home.
Hire an Appraiser
The purpose of an appraiser is to have your home professionally analyzed in order to be able to compare it to the recent sales and the current market competition. This is an important step in the process of potentially selling your home, as the price figure that the appraiser assesses your home at will become the center of all your planning.
Weigh the Pros and Cons
The decision to sell your home is certainly a personal one – you know your current situation better than anyone. After you have the professional appraiser’s price, determine if this is realistic for your situation. Are you a list maker? If so, you will thoroughly enjoy making a list weighing out the pros and cons of your decision.
- Is the time and money that you spent in your home worth the amount that you may lose or gain in selling it?
There are so many different factors to consider when making your list of pros and cons, and they should each be thought through carefully.
The decision to sell your home is one that will certainly test your patience. It is a long process that requires endurance to go the distance. The right real estate agent will be able to guide you through the process and make it a much easier one. There isn’t any guarantee that you will sell your home for what you ask for it. In fact, you may receive a wave of offers that are lower than you could’ve ever dreamed. Conversely, if you live in a highly sought after neighborhood, or area of town (hello South Walton!), you may receive more than your asking price!
Your home is likely one of the biggest investments that you make in your life. When it comes to selling it, it is important to make smart decisions that will be beneficial to you and your family. To sell or not to sell? Think it through and hire a knowledgeable real estate agent to guide you throughout the process.
Are you struggling with the decision to sell your home? Melissa Clements is a seasoned real estate agent with years of experience in all areas of real estate. Contact her today and schedule a meeting – she is happy to answer your questions and help you with any real estate needs that you may have.